Albuquerque Real Estate

UNM South

Like the UNM area immediately to the north, this neighborhood offers convenient access to University of New Mexico, and has a wide range of sizes and prices ranges within it. Cute little Victorian-syle homes just yards from campus hold perennial appeal, as do the neighborhoods of large, luxuruious homes of a bygone year that grace the hills above the campus. Prices vary fro lows under $100,000 to levels over half a million.

Compare sales data in this area over the past 3 years:

Single Family Detached Sales
2007 Sales		2008 Sales		2009 Sales
High:	$750,000	High:	$775,000	High:	$497,000
Low:	$82,500	Low:	$52,000	Low:	$64,000
Average:	$257,315	Avg:	$237,063	Avg:	$210,127

In 2007, 198 single family homes sold in this area.	Average time on the market was 35 days.
In 2008, 144 single family homes sold in this area.	Average time on the market was 91 days.
In 2009, 128 single family homes sold in this area.	Average time on the market was 106 days.

Data above is based on yearly sales data results in the given area from the Greater Albuquerque Association of Realtors® for single family, site-built homes.

1237 Festival, Los Lunas

MLS#680619 Listed at: $255,000

4BR, 3.00BA, 3116 Square Feet

Get Full Details and Photos

Nancy Carlisle

(505)991-1617

Albuquerque Real Estate News

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U.S. News & World Report magazine looked at areas with strong economies, low living costs, and plenty of fun things to do to identify this year's best places to live.

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